ZipRecruiter

Log In

2

Entry Level Risk Analyst Jobs in South Elgin, IL

Pwc

SAP GTS Sr Associate

Chicago, IL · On-site

$77K - $202K/yr

... in SAP Governance, Risk and Compliance (GRC) - Utilizing SAP BW/4HANA for data analytics and ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

Pwc

AI Governance Sr Associate

Chicago, IL · On-site

$72K - $212K/yr

... Risk and Compliance team, where you will leverage your skills to analyze complex problems and ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

Pwc

Full-Stack Cloud Engineer

Chicago, IL · On-site

$77K - $202K/yr

Within our Risk Consulting practice, you will focus on creating applications that revolutionize ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

previous page

Showing results 41-60

All JobsRisk Analyst JobsEntry Level Risk Analyst JobsEntry Level Risk Analyst Jobs in South Elgin, IL

Entry Level Risk Analyst information

See South Elgin, IL salary details

$14

$39

$63

How much do entry level risk analyst jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for entry level risk analyst in South Elgin, IL is $39.22, according to ZipRecruiter salary data. Most workers in this role earn between $28.89 and $47.74 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the entry level risk analyst position, and why are they important?

To thrive as an Entry Level Risk Analyst, you need strong analytical abilities, attention to detail, and a foundational understanding of finance, economics, or a related field, often supported by a relevant bachelor’s degree. Familiarity with risk management software, Excel, and data analysis tools is advantageous, and some companies value certifications like FRM or CFA Level I. Excellent communication, problem-solving skills, and the ability to work collaboratively make candidates stand out in this role. These skills and qualities are critical for accurately assessing risks, providing actionable insights, and supporting effective decision-making within the organization.

What is an entry level risk analyst?

An Entry Level Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization’s financial stability and operations. They analyze data, create reports, and assist in developing risk management strategies under the guidance of senior analysts. This role typically involves working with financial models, market trends, and regulatory guidelines to support decision-making. Strong analytical skills, attention to detail, and proficiency in risk assessment tools are essential for success in this position.

What are some typical challenges faced by entry level risk analysts, and how can new hires prepare for them?

Entry Level Risk Analysts often face challenges such as quickly interpreting large volumes of complex data, adapting to evolving regulatory requirements, and learning industry-specific risk assessment methodologies. New hires can prepare by familiarizing themselves with common risk metrics, staying updated on regulatory changes, and practicing effective data analysis. It's also helpful to proactively seek guidance from more experienced team members and participate in relevant training sessions. With diligence and curiosity, most analysts develop confidence and expertise rapidly in this collaborative, knowledge-driven work environment.

Can I be an entry level risk analyst without a degree?

Entry level risk analyst positions typically require a bachelor's degree in fields like finance, economics, or related areas, but some employers may consider candidates with relevant experience, certifications, or strong analytical skills. Demonstrating proficiency in data analysis tools and understanding risk management concepts can also improve your chances without a formal degree.

How hard is it to become an entry level risk analyst?

Becoming an entry level risk analyst typically requires a bachelor's degree in finance, economics, or a related field, along with strong analytical skills and proficiency in data analysis tools like Excel or SQL. Gaining relevant internships or certifications such as the Financial Risk Manager (FRM) can also improve job prospects, but the overall entry process is accessible with the right education and skills.

How to become an entry level risk analyst with no experience?

To become an entry level risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and basic understanding of risk management principles through online courses or certifications. Internships, volunteering, or entry-level positions in related fields can provide practical experience, and a bachelor's degree in finance, economics, or a related field is often required.

What qualifications do I need to be an entry level risk analyst?

An entry-level risk analyst typically needs a bachelor's degree in finance, economics, statistics, or a related field. Strong analytical skills, proficiency in Excel and data analysis tools, and knowledge of risk management principles are also important for this role.
What are popular job titles related to Entry Level Risk Analyst jobs in South Elgin, IL? For Entry Level Risk Analyst jobs in South Elgin, IL, the most frequently searched job titles are:
What cities near South Elgin, IL are hiring for Entry Level Risk Analyst jobs? Cities near South Elgin, IL with the most Entry Level Risk Analyst job openings:
Entry Level Risk Analyst jobs near you
Infographic showing various Entry Level Risk Analyst job openings in South Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 11% Part Time, and 3% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $81,568 per year, or $39.2 per hour.

Underwriter Inland Marine & Property

Iatinsurancegroup

Rolling Meadows, IL • Hybrid

$55K - $133K/yr

Full-time

Medical, Retirement, PTO

Re-posted 8 days ago

Job description

IAT Insurance Group has an immediate opening for an Inland Marine & Property Underwriter from our Naperville or Rolling Meadows, Illinois location.
We're looking for someone who's ready to play a meaningful role in expanding our presence across the region. You'll manage an existing portfolio while actively building new business, helping grow our footprint in a region that's a key focus for us. This is a role for someone who wants to make an impact, not just maintain the status quo.
This isn't a behind-the-scenes role. It's visible, collaborative, and growth focused. This position follows a hybrid schedule: in the office Monday through Wednesday, with the option to work remotely on Thursday and Friday.
Responsibilities:
  • Review and analyze underwriting files, using judgment and experience as primary criteria, to accept new business or continue renewals within established authority level
  • Review and analyze all documents within or associated with the underwriting file to establish accuracy in identification and minimizing risk of exposure, utilizing change requests, claim information, loss control and outside databases to identify changes in exposure to risk
  • Review, evaluate and determine account premium levels using sound judgment consistent with established company premium modification plans within authority limits
  • Read, evaluate and interpret contracts and policies to determine exposures providing guidance and clarification to others consistent with experience
  • Provide clarification and verification of coverage to the Claims Department consistent with experience
  • Market to assigned agencies to achieve acceptable new business flow
  • Assess agency activity; provide clarification to agency personnel about company's position in annual visits to assigned agencies consistent with experience
  • Perform other tasks as needed
Qualifications:Must-Have:
  • Bachelor's degree in Risk Management, Finance, Business, Economics, or a related field, or equivalent combination of education and relevant experience
  • 2+ years of inland marine and/or property underwriting experience
  • Solid understanding of the insurance marketplace, including pricing and competitive positioning
  • Proven ability to build and maintain broker relationships that drive new and renewal business
  • Experience managing a book of business while contributing to growth
  • Strong skills in pricing, risk selection, and deal structuring
  • Working knowledge of industry trends, products, and the broader competitive landscape
  • To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes
Preferred to Have:
  • Industry designations CPCU, ARM, or AU
  • INS21, 22 and 23
  • Exposure to loss control or risk engineering

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

Compensation:

Please note, that the annual gross salary range associated with this posting is $55,200 - $133,700. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits

 

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.

At IAT, we're committed to driving and building an open and supportive culture for all. Our employees propel IAT forward - driving innovation, stable partnerships and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.

We offer comprehensive benefits like:

  • 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
  • 7% 401(k) Company Match and additional Profit Sharing
  • Hybrid work environment
  • Numerous training and development opportunities to assist you in furthering your career
  • Healthcare and Wellness Programs
  • Opportunity to earn performance-based bonuses
  • College Loan Assistance Support Plan
  • Educational Assistance Program
  • Mentorship Program
  • Dress for Your Day Policy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

Apply